Duncan Cameron Picks Up £200million At Moneysupermarket
THE word ‘recluse’ inevitably conjures up images of bizarre and eccentric characters who live in fear of the world, tucked away hermit-like in some huge country estate behind barbed-wire fences and huge metal gates.
However, more often than not, the word is used by our beloved press to describe any celebrity or wealthy person who doesn’t play the game and open their doors to Hello! or appear regularly in Heat magazine.
Duncan Cameron is one such ‘recluse’, according to the Telegraph, albeit a very very happy and very very rich one at this moment.
The entrepreneur has just sold his stake in price-comparison website Moneysupermarket.com to his estranged partner Simon Nixon, with Cameron picking up more than £200million in the deal.
The two thirtysomethings originally started the company back in 1989 after Nixon persuaded Cameron to give up his computer studies course at Liverpool University to write software for his company.
However, over the years, the relationship turned sour as disagreements over the strategy of the company drove a wedge between them. Indeed, the two uber-rich geeks have apparently not spoken for five years and even hired City lawyers and bankers to thrash out the deal so no contact would be necessary between the two.
Cameron apparently spends his time concentrating on his passion for fine wines and fast cars. Hopefully not at the same time.
Posted: 8th, June 2007 | In: Money Comment | TrackBack | Permalink
